Personal Finance

It’s never too early to start saving for retirement. Investing in an individual retirement account (IRA) is a great way to save for the future. However, there are limits to how much you can contribute to these accounts each year. Keep reading to learn more about how IRA contribution limits work. 2022 Roth IRA Contribution
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The holiday season is right around the corner. Many of us are looking forward to spending time with loved ones, recreating annual traditions, gift giving (and gift receiving), and indulging in the season’s foods, desserts, and pumpkin spice everything (we see you, #TeamPSL).  So many of us get wrapped up in the “reason(s) for the
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An investment portfolio is a term that comes up quickly in any conversation about investing. The word “portfolio” comes from the Latin word “portafoglio,” which is a case for carrying loose papers.[1]  Before the internet, it was common for brokers to keep track of their clients’ investments in separate notebooks or binders (aka portfolios). These
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You’d have to be living under a rock not to notice cryptocurrency’s recent rise in popularity.  Many curious and aspiring entrepreneurs have made fortunes in Bitcoin, Ethereum and other forms of digital currency – and many others have followed them, hoping to turn a quick profit.  In turn, fraudsters have swooped in to take advantage
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When the prices of goods and services go up, it can be hard to know where to invest your money. Even the interest rates on high-yield savings accounts don’t usually keep pace with inflation. Stocks and other investments can offer greater returns – but they are riskier.  If you’re looking for a place to invest
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When it comes to investing, there are many different options to pursue, from stocks and bonds to commodities and mutual funds to real estate investment trusts and more. The options are endless – and often confusing. But any investment professional worth their fees will let you know the importance of diversifying your portfolio with a
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Luxury Card’s name is about as on-the-nose as it gets. It’s an international credit card company that specializes in luxury credit cards noted more for their high-class reputation and distinctive design elements, which include sleek aesthetics and sturdy metal construction, than their rewards. Technically, its cards are issued by Barclays, but Luxury Card calls the
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There are many numbers involved when it comes to loan terms and savings accounts, like interest rate, annual percentage rate and annual percentage yield. But interest is more than just a number. Knowing if it’s simple interest or compound interest can help you make better financial decisions – whether you’re saving, investing or borrowing. Compound
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Life is full of surprises. Sometimes we get lucky and hit the lottery. Other times we have bad luck: we lose our job, we get into an accident or our home is damaged. When bad luck happens, it often gets expensive quickly. That’s why it’s a good idea to have an emergency fund. If you
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Considering getting new furniture? Maybe your morning coffee just slid off your tilted kitchen table. Or there’s a constellation of stains on your living room couch. Or you’re planning to move and can’t imagine taking the hand-me-down furniture you have in your current place.  Furniture is one of those big-ticket items we tend to keep
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Credit cards have, somewhat unfairly, developed a reputation as an easy way to pay for something when you may not have the money to do it upfront. In reality, they’re so much more than that when you use them right and they come with many benefits. So, we’ve put together a guide that’ll detail what
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You may have received a few credit card offers with a 0% Annual Percentage Rate (APR) on new purchases and balance transfers. Or maybe you’ve been offered special financing when you make a large purchase so you can pay it off over time with “no interest.” Most credit card companies make money from interest fees (financing charges)
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